Financials NIPPON PARKING DEVELOPMENT Co.,Ltd.

Equities

2353

JP3728000005

Highways & Rail Tracks

Delayed Japan Exchange 02:00:00 2024-06-06 am EDT 5-day change 1st Jan Change
189 JPY -0.53% Intraday chart for NIPPON PARKING DEVELOPMENT Co.,Ltd. -0.53% -1.56%

Valuation

Fiscal Period: July 2018 2019 2020 2021 2022 2023
Capitalization 1 59,623 56,520 40,024 50,354 54,628 67,969
Enterprise Value (EV) 1 54,513 51,504 36,511 48,317 52,287 64,826
P/E ratio 27.2 x 20.2 x 33.4 x 21.8 x 17.6 x 15.6 x
Yield 2.26% 2.5% 3.72% 3.06% 2.96% 2.45%
Capitalization / Revenue 2.62 x 2.32 x 1.74 x 2.12 x 2.08 x 2.13 x
EV / Revenue 2.39 x 2.11 x 1.59 x 2.03 x 1.99 x 2.04 x
EV / EBITDA 12.4 x 10.1 x 9.74 x 11 x 8.97 x 8.58 x
EV / FCF 1,003 x 32.5 x 80.3 x 90.1 x 28.5 x 74.6 x
FCF Yield 0.1% 3.08% 1.25% 1.11% 3.51% 1.34%
Price to Book 6.71 x 5.88 x 4.48 x 5.63 x 5.47 x 5.76 x
Nbr of stocks (in thousands) 336,853 332,472 330,775 324,865 323,241 317,611
Reference price 2 177.0 170.0 121.0 155.0 169.0 214.0
Announcement Date 10/26/18 10/25/19 10/30/20 10/29/21 10/31/22 10/31/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: July 2018 2019 2020 2021 2022 2023
Net sales 1 22,771 24,381 22,979 23,785 26,271 31,855
EBITDA 1 4,400 5,124 3,749 4,412 5,829 7,553
EBIT 1 3,538 4,161 2,673 3,263 4,586 6,201
Operating Margin 15.54% 17.07% 11.63% 13.72% 17.46% 19.47%
Earnings before Tax (EBT) 1 3,301 3,940 2,602 3,358 4,468 6,225
Net income 1 2,211 2,823 1,201 2,335 3,125 4,408
Net margin 9.71% 11.58% 5.23% 9.82% 11.9% 13.84%
EPS 2 6.510 8.410 3.620 7.110 9.610 13.68
Free Cash Flow 1 54.38 1,584 454.9 536.1 1,834 868.5
FCF margin 0.24% 6.5% 1.98% 2.25% 6.98% 2.73%
FCF Conversion (EBITDA) 1.24% 30.91% 12.13% 12.15% 31.47% 11.5%
FCF Conversion (Net income) 2.46% 56.11% 37.87% 22.96% 58.69% 19.7%
Dividend per Share 2 4.000 4.250 4.500 4.750 5.000 5.250
Announcement Date 10/26/18 10/25/19 10/30/20 10/29/21 10/31/22 10/31/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: July 2020 S1 2021 S1 2022 Q1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3 2024 Q1 2024 S1
Net sales 1 12,241 12,038 6,286 12,843 7,093 9,314 16,697 8,383 7,691 15,955
EBITDA - - - - - - - - - -
EBIT 1 1,993 1,750 1,176 2,301 1,401 2,220 3,553 1,789 1,686 3,276
Operating Margin 16.28% 14.54% 18.71% 17.92% 19.75% 23.84% 21.28% 21.34% 21.92% 20.53%
Earnings before Tax (EBT) 1 2,246 1,778 1,185 2,251 1,376 2,266 3,588 1,763 1,728 3,323
Net income 1 1,507 1,280 919 1,583 856 1,818 2,554 999 1,389 2,307
Net margin 12.31% 10.63% 14.62% 12.33% 12.07% 19.52% 15.3% 11.92% 18.06% 14.46%
EPS 2 4.550 3.880 2.820 4.860 2.630 5.680 7.990 3.130 4.390 7.280
Dividend per Share - - - - - - - - - -
Announcement Date 3/6/20 3/5/21 12/3/21 3/4/22 6/3/22 12/9/22 3/3/23 6/9/23 12/8/23 3/8/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: July 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 5,110 5,016 3,513 2,037 2,341 3,143
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 54.4 1,584 455 536 1,834 869
ROE (net income / shareholders' equity) 22.5% 26.5% 11.3% 20% 28.7% 37.5%
ROA (Net income/ Total Assets) 9.34% 10.8% 6.05% 6.88% 10.2% 13.7%
Assets 1 23,669 26,057 19,856 33,954 30,694 32,190
Book Value Per Share 2 26.40 28.90 27.00 27.50 30.90 37.10
Cash Flow per Share 2 34.70 35.20 49.80 41.40 36.30 34.90
Capex 1 2,350 2,221 2,528 2,283 1,687 4,181
Capex / Sales 10.32% 9.11% 11% 9.6% 6.42% 13.13%
Announcement Date 10/26/18 10/25/19 10/30/20 10/29/21 10/31/22 10/31/23
1JPY in Million2JPY
Estimates
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